Good evening, brothers. Today, the market has been sluggish all day. We will see if the big players will come to steal from us at midnight. Currently, from a smaller timeframe, it looks relatively weak. If it goes lower, we will look at the previous low. As long as it doesn't break the previous low, there will be a rebound. If it breaks the previous low, it should be another smooth downturn. However, the support levels below still have decent strength, and we can wait with a small position for a long entry!
In the evening, when shorting, you can wait for a rebound at the first and second positions to enter with 0.5% of your position. Alternatively, wait for it to strongly break the previous low and then not rebound to enter a right-side short position. The stop loss should be the high point of the rebound from last night. For going long, the night before yesterday and yesterday noon had already given everyone a chance to bet on a bottom rebound. Now, seeing how weak this rebound is, I’m afraid we won't hold at this previous low. Being more conservative, we can only consider the second and third support levels. For those who really want to enter at the previous low, they can only go in with 0.5% (if it's 100 times) of the position and then add more!
Night market analysis:
Bitcoin pay attention to the position of 66250 at night. As long as the 4-hour level does not break this position, it will still continue to rebound. The upper pressure levels to pay attention to are around 67280-68930-70100!
If the night breaks below 66260 and does not close above, then this wave of rebound ends. The market will first look at the previous low of 65500, and if it breaks below, then look at the positions near 64000-62420-61350!
Ethereum pay attention to the position of 2000 at night. Only if it stands firmly above this position at the 4-hour level can it continue to rebound. The upper pressure levels to pay attention to are around 2038-2080-2121!
If the night closes above 2000, then this wave of counter 4-hour level rebound ends. The market will first look at the previous low of 1965, and if it breaks below, then look at the positions near 1911-1870-1834!
BNB pay attention to the position of 613 at night. Only if it stands firmly above this position at the 4-hour level can it continue to rebound. The upper pressure levels to pay attention to are around 618-631-653!
If the night closes above 613, then this wave of counter 4-hour level rebound ends. The market will first look at the previous low of 605, and if it breaks below, then look at the positions near 592-576-559!
SOL pay attention to the position of 83 at night. Only if it stands firmly above this position at the 4-hour level can it continue to rebound. The upper pressure levels to pay attention to are around 84-87-90!
If the night closes above 83, then this wave of counter 4-hour level rebound ends. The market will first look at the previous low of 81, and if it breaks below, then look at the positions near 79-76-72!
[Daily bringing you the latest market analysis and precise entry points, going long or short is for your reference only. Manage your positions well, and do not exceed 2% of your total position when opening at 100x leverage. Discount on transaction fees with invitation code: BNB789]